Korean company to pour P3.9 B initial investment in FAB

Philippine Standard Time:

Korean company to pour P3.9 B initial investment in FAB

Korean company Genesis BBQ Group is set to establish business operations in the Freeport Area of Bataan (FAB) starting with P3.9 billion investment. The company is engaged in food chain business, commercial enterprises, hotel operations, and other tourism-related ventures.

Delegates of the company represented by its Chairman and CEO Hong-Geun Yoon and other corporate representatives Allen Yoon, Dan Kim, Kim Sungwoo, Keunhee Lee, Minsoo Lee, and Mikyung Jang recently held 3-day visit to FAB and signed a Memorandum of Understanding with the Authority of the Freeport Area of Bataan (AFAB).

This development is a result of AFAB Administrator and CEO Mohammed Hussein Pangandaman’s investment mission in South Korea in November 2023 and follow-up visit in January 2024.The post Korean company to pour P3.9 B initial investment in FAB appeared first on 1Bataan.

Previous Bagac imposes environmental fee

The Bunker

Capitol Compound, San Jose, City of Balanga, Bataan, Philippines 2100
Opening Hours:

Mon – Fri: 8:00 am – 5:00 pm

REPUBLIC OF THE PHILIPPINES

All content is in the public domain unless otherwise stated.

© 2023 - Provincial Government of Bataan. All Rights Reserved

Powered by:

Welcome to Bataan.gov.ph!
To enhance your browsing experience and ensure you receive the best possible service, we use cookies and collect certain information. By continuing to use our website, you consent to our use of cookies and our data practices as outlined in our Privacy Policy.